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Prospect News home > News index > List of issuers R > Headlines for Radio Shack Corp. > News item
Published on 2/9/2015 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

ISDA to hold auction to settle RadioShack CDS transactions

By Toni Weeks

San Luis Obispo, Calif., Feb. 9 – The International Swaps and Derivatives Association, Inc. announced that its Americas Credit Derivatives Determinations Committee resolved that a bankruptcy credit event occurred in respect of RadioShack Corp.

The committee said it will hold an auction for RadioShack’s outstanding CDS transactions.

ISDA will publish further information regarding the auction on its website.

RadioShack is a Fort Worth technology retailer that filed for bankruptcy on Feb. 5. Its Chapter 11 case number is 15-10197.


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